Income tax Quote by Neal Boortz
““Just what do we tax under our current system? Work, that’s what. Hard work and productivity. The harder you work, the more you achieve. The more you achieve, the more you’re taxed. To make matters worse, under our “progressive” income tax system, the harder you work, the more severe the punishment actually is!””
About This Quote
Source Speech: Radio Talk Show, Neal Boortz, 2000s
Hard work leads to higher earnings, which under progressive taxes results in higher rates, creating a disincentive to productivity.
In simple terms: Hard work gets taxed heavily under progressive tax.
Key Takeaway
Consider tax reform to reward productivity.
Themes
taxation
work
productivity
fairness
Mood
critical
analytical
Type
policy
economic
When to use this quote
- business owners
- employees
- policy makers
- tax advisors
Key Concepts
progressive tax
incentives
economic policy
Questions to Reflect On
- How could tax policy balance fairness and incentive?
- What alternatives exist to progressive rates?
A Different Perspective
Progressive taxes may fund public services, but can discourage effort.
![“[W]hen you look at who’ll be collecting this tax, the chances of drumming up a conspiracy suddenly look even worse. In America, .03 percent of all of America’s companies—688 companies, to be exact—sell 48.5 percent of all of the merchandise. Those companies aren't going to help you cheat; there’s…” quote by Neal Boortz](https://sms4smile.com/quotes/img-quotes/8a3/neal-boortz-4250_income-tax_w-hen-you-look-at-who-ll-be-collecting-t_927289.jpg)
